Investment Overview

Marcus & Millichap is pleased to present 21-43 Big Oak Road, a ten-unit multifamily community situated on a generous 7.5-acre parcel in Bridgeton, New Jersey. The property consists entirely of spacious three-bedroom units averaging 862 square feet, offering a consistent, family-oriented unit mix that is rare in the South Jersey rental market. Originally constructed in 1935 and updated in 2025, the asset pairs durable structural character with the operational benefits of recent capital improvements—giving an investor a stabilized foundation with built-in upside. Bridgeton serves as the county seat of Cumberland County and anchors the southern portion of New Jersey's agricultural and manufacturing corridor. Positioned within commuting distance of Vineland to the northeast and the Delaware Bay region to the south, the area draws a stable renter base of working families, healthcare workers, and light industrial employees. Big Oak Road offers convenient access to Route 49 and Route 77, connecting residents to employment centers throughout Cumberland and Salem Counties, while the broader South Jersey market continues to benefit from limited new supply and sustained household formation. 21-43 Big Oak Road represents a rare opportunity to acquire an all three-bedroom community in a supply-constrained workforce market. The market rent for competing three-bedroom units ($2,000) is 15.3% greater than the current average in-place rent at the Subject Property ($1,735), and recently renovated comps in the immediate area are achieving up to $2,300 per unit. These below-market rents allow an investor to step into stabilized cash flow today while capturing substantial rent growth through continued lease-up to market—anchored by a durable rent floor and virtually no competing new construction on the horizon.